Q: Minimum wage is set to increase again. I feel the squeeze of financial obligations already, how can I overcome another increase in expenses without any foreseeable benefit?
A: Washington State boasts the highest minimum wage in the nation and because of a voter approved measure is one of only 10 States where minimum wage can increase annually based on the federal Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). As a result, minimum wage will normally increase each year. Over the last five years Washington State’s minimum wage has increased nearly $1.00 per hour and approximately $0.50 in the last two years [Exhibit 1]. Effective January 1, 2013 minimum wage will once again increase to, gulp, $9.19. Click here to read more »